Homeowners in the state of Maryland should be aware that as of Jan. 1, 2018, there were new residential smoke alarm requirements put into place, as per a bill passed by the Maryland
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Undersupply of homes sets up bidding wars
Thursday, October 29, 2020 Lauren BuntingWith two months left in this bizarre 2020, and the continuation of a very strong sellers market, many buyers are asking what impact continued economic uncertainty could have on home prices and will
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ReStores offer discounted home furniture, appliances
Thursday, October 22, 2020 Lauren BuntingHabitat for Humanity of Worcester County operates a ReStore located at 9026 Worcester Highway in Berlin.
The
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Lenders seek verification of cash deposits in accounts
Thursday, October 15, 2020 Lauren BuntingCash may be king in a sellers’ market, but buyers need to understand that the same is not true with financial institutions.
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Pandemic creates growing homeowner dissatisfaction
Thursday, October 08, 2020 Lauren BuntingInformation from a recent Sears Home Services survey is showing that the pandemic has prompted homeowners to reevaluate their homes.
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Accessory Structure helps Wor. Homeowners
Thursday, October 01, 2020 Lauren BuntingIn Worcester County, homeowners may utilize the zoning use called the Accessory Structure to gain additional living quarters.
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Housing prices increase, but appraisals lag behind
Thursday, September 24, 2020 Lauren BuntingWith “for sale” inventory limited in many price points, sellers may be able to ask more for their home.
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Housing market could be stronger
Thursday, September 17, 2020 Lauren BuntingThe National Association of Realtors Chief Economist, Lawrence Yun, released a video report that dissects the latest homes sales numbers, talks about what could make the market even stronger, and forecasts what’s ahead
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Flood insurance program may expire Sept. 30
Thursday, September 10, 2020 Lauren BuntingThe National Flood Insurance Program’s authority to provide flood insurance is currently scheduled to expire on Sept. 30.
The National Association of Realtors is making every effort to secure a long-term reauthorization of the
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OC area remains in higher demand with low inventory
Thursday, September 03, 2020 Lauren BuntingAt the beginning of the summer, we reported that demand has been very strong in the Ocean City market and surrounding areas since the end of April.
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Adverse-market fee to start Sept. 1
Thursday, August 27, 2020 Lauren BuntingEarlier this month, Fannie Mae and Freddie Mac announced plans to impose a new 0.5 percent adverse-market fee on mortgage refinances starting Sept. 1.
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How sellers can get best offer on houses in market
Thursday, August 20, 2020 Lauren BuntingWhen listing a home for sale, sellers should make sure they really “come out of the gate running.”
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Law allows tax deferral for like-kind property exchanges
Thursday, August 13, 2020 Lauren BuntingSince 1921, U.S. tax law has recognized that the exchange of one investment or business-use property for another of like-kind results in no change in the economic position of the taxpayer, and therefore,
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Prepare for storms with insurance, actions
Thursday, August 06, 2020 Lauren BuntingWith the recent Tropical Storm Isaias impacting our coastal area, the importance of having a plan in place for storm events to protect your property is top of mind.
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NAR estimates typical home value in Worcester $266K
Thursday, July 30, 2020 Lauren BuntingThe National Association of Realtors supplies median home prices and monthly mortgage payment estimates in its housing statistics.
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